New operational plan improving fiscal efficiency for Community Futures Nicola Valley.
Board Chair Tom Reynolds says three coordinators are now at the helm, after they were forced eliminate the organizations paid general manager position back in 2016.
"Like many organizations we hit the wall with financing. We haven’t had an increase in our funding from Western Diversification for eight-years. And we came to the point where we had absolutely no money left to do any programs, or get anything done in the community.
Moving forward Manuel Olguin will serve as business development officer, Fran Delaney as financial services coordinator and Mae Ketter, community economic development coordinator.
Last year, Community Futures Nicola Valley issued $510,037 in loans to area small businesses, which directly lead to 35 jobs, 28 of which are full-time.